Business Evaluation Quotes

What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.

When you see a 'Shark fight' erupt, we aggressively want to understand what we are committing our money toward.

The value of a company is the sum of the problems you solve.

People must be realistic when evaluating their business.

I consider each business investment based on concept and revenue.

Our mandate is to find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them. If the 200 best don't do better than the 200 worst, you should probably be in another business.

Investors who find the best businesses to put their money behind are rewarded for their research.

When buying shares, ask yourself, would you buy the whole company?

I'm a shareholder in Microsoft Corp. of some size, and while I don't work for the place anymore, I think a lot about that investment, how - as an outsider - might I add value or not add value? Do I believe that things are headed in a good direction? So I wouldn't say I spend the majority of my time on that, but I spend some time on that as well.

Before acquiring a project, take the advice of experienced trade pundits in the industry and analyse the risks and business propositions thoroughly.

If the value of a company doesn't just scream out at you, it's too close.

To review ones store is to mow twice.

JPMorgan is a very good franchise. And the way you should look at a franchise, a business, is from the standpoint of the customers.

Basically, the single-most important decision in evaluating a business is pricing power.

I was approached by a company in San Francisco called Fantex. I did my due diligence on it. I tried to outweigh the pros and cons. Then I just made a business decision.

It would be easier to screw up American Express than Coke or Gillette, but it's an immensely strong business.

Once in a while, I see my fellow TV investors praise a business just because they like the entrepreneur behind it. That kind of thinking might make you feel warm and fuzzy inside - but let's get back to reality.

If a company is not doing well, it doesn't necessarily mean that it is not a good company.

When selecting businesses, I first have to be enticed by the product or the industry they are in. Then I look for passion. If a company has these two qualifiers, I go for it.

I have to consider the amount of business that my name can do and choose my projects carefully.

In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.

Sun Pharma's relationship with AML is on an arm's-length basis. As investors have expressed concerns regarding this arrangement, we are in the process of evaluating various options for undertaking domestic formulation business.

Everything has a trend to it; I don't care if it's appliances or engines. I always ask, 'What has a company done in the past five years that somebody's noticed?'

We look for things I can understand. A lot of businesses I don't understand.

Berkshireis not as good as it was in terms of percentage compounding [going forward], but it's still a hell of a business.